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Listed by Christopher Iwinski • KW Platform

$ 193,500

Est. payment -/mo

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Pending

24 Chestnut Street Cohoes, NY 12047

5 Beds

2 Baths

1,632 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Pending

Purchase Type For Sale

Square Footage 1,632 sqft

Price per Sqft $118

MLS Listing ID 202620749

Bedrooms 5

Full Baths 2

HOA Y/N No

Year Built 1912

Annual Tax Amount $3,566

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 22.5 x 100

Property Sub-Type Duplex

Source Global MLS

Property Description

Excellent opportunity to own a well-maintained, fully occupied two-family property in Cohoes. Located on a quiet one-way street, 24 Chestnut Street features two symmetrical 2-bedroom, 1-bath apartments with separate utilities and month-to-month tenants, offering flexibility for both investors and owner-occupants.

The upstairs apartment rents for $1,200 per month. *UNIT WILL BE VACANT STARTING SEPTEMBER 1st* Second floor features updated cabinets and flooring. The downstairs apartment rents for $1,150 per month and has also been updated with newer cabinets and flooring. Both units offer functional, efficient layouts with strong long-term rental appeal.

Major improvements provide peace of mind, including updated electrical, plumbing, and heating systems completed approximately 10 years ago, new vinyl replacement windows installed approximately 3 years ago, new siding, and a rubber roof that was professionally coated approximately 3 years ago. Additional features include a fenced backyard and separate tenant storage areas that are currently underutilized and offer added value.

Ideally situated just steps from the Empire State Trail and West End Park, and within walking distance of Cohoes Middle School, this property combines a desirable location, dependable rental income, and numerous capital improvements, making it an outstanding investment opportunity.

Location

State NY

County Albany

Direction McElwain Ave to Chestnut. Home on right at corner of Johnston Ave.

Interior

Heating Forced Air, Natural Gas

Flooring Vinyl

Exterior

Exterior Feature Other

Parking Features None

Utilities Available Cable Available

Roof Type Rubber,Built-Up

Porch Porch, Enclosed

Building

Lot Description Level, Corner Lot

Sewer Public Sewer

Water Public

Architectural Style Traditional

New Construction No

Schools

School District Cohoes

Others

Tax ID 010300 10.58-1-1

Special Listing Condition Standard

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